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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (5631)7/20/1998 9:42:00 PM
From: Chip Anderson  Read Replies (1) of 16960
 
Your points about _hoping_ that this stock will somehow recover in the short term are well made

HOWEVER

Your advice that everyone sell all of their holdings is ludicrous and damaging to your credibility. Someone as well meaning and well spoken as you are should know that everyone has different investing goals and time horizons. While your conclusions may make sense for your goals and time horizons, it does not fit mine. Blanket statements of any kind - bull, bear, long, short, etc. - are never applicable to everyone ("he says in a blanket manner." ;-). Before earnings, similar statements on the other end of the spectrum got lots of people in over their head, don't repeat the mistake in the other direction.

Please qualify your previous post with a description of the investment goals and time horizon to which you think it is applicable.

Chip
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